Moneybookers Develops Payment Process for eCommerce Software Provider Magento


LONDON and STUTTGART, Germany, January 15 /PRNewswire/ --

- Moneybookers' Payment Interface Offers Quick and Easy Integration Into
      Online Shops

    - Increased Turnover Through Integration of Worldwide Payment Network

    - Moneybookers Cooperates With Phoenix Media



Moneybookers, one of the world's leading online payment systems, has made
a newly-developed payment process immediately available as a free plug-in to
Magento, the successful Open Source shop software provider. By using the
Moneybookers interface, implemented as a whitelabel product, the Magento shop
operator will benefit from Moneybookers' global ePayment network. Customers
can pay quickly and easily directly via the web store - by credit card or one
of the 60 other local payment options offered by Moneybookers.

"Direct payment methods are gaining more prominence, since
they facilitate accessto new customer groups and international
markets,"explains Nikolai Riesenkampff, Co-CEO of Moneybookers. "With the
integration of Moneybookers as a payment system the online retailer benefits
from our extensive customer base as well as our marketing activities, which
we currently offer young start-ups as an additional jump-start. Successful
internet start-ups such as Mymuesli.com, as well as global brands such as
Skype and AOL, didn't choose us by chance as their payment solution."

Moneybookers' Magento payment system was co-developed by
Phoenix Media and is programmed so that it can be built into a Magento shop
in just a few steps. Retailers can then easily sign up for a Moneybookers
merchant account via the backend of the system. The advantages of using the
system include the simplicity of the payment process, as well as the
attractive conditions and services which Moneybookers offers. For example,
Moneybookers' risk protection service runs precautionary checks on all
customer data. Moreover, once the online retailer's entry payment has been
processed, an immediate confirmation is sent by Moneybookers. This payment
service is available for any overseas activities - at no additional cost.

Magento is a new Open Source shop software provider for the
planning and implementation of more complex eCommerce solutions. Owing to its
flexibility, its sophistication and ease of implementation, Magento has
established itself as a leading solution for the eCommerce market. With the
integration of Moneybookers, online retailers using Magento's shop software
can now offer their customers an easy and safe payment method.

About Moneybookers: Moneybookers is one of Europe's largest
online payments systems and one of the world's largest eWallet providers with
over six million account holders. Its simple eWallet enables any customer to
pay online easily and securely without giving out bank data and to send and
receive money transfers cost-effectively in real-time, simply by using an
email address. Its worldwide payment network offers businesses access to over
60 payment options in more than 200 countries with one integration. More than
30,000 merchants use Moneybookers' payments service, including global
partners such as Skype and AOL. Moneybookers was founded in 2001 in London
and is regulated by the Financial Services Authority of the United
Kingdom. For more information, see: http://www.moneybookers.com.

About Phoenix Medien: As a specialist in eCommerce systems,
performance marketing and strategic consulting, Phoenix Medien has been
providing comprehensive services for companies involved in eBusiness for more
than five years. As a member of the BVDW (BundesverbandDigitaleWirtschaft -
German Association for the Digital Economy), Phoenix Medien develops
sophisticated websites and online shops in the German-speaking countries of
Europe and in neighbouring regions. As a Gold Partner for Magento in Germany
the company provides not only consulting, development, design, hosting and
support for the shop platform, but also training. Furthermore, Phoenix Medien
is also a competent partner in the area of interface development and has a
history of successful collaboration with market leaders in the field. With
the establishment of its office in Austria in mid-2008, Phoenix Medien has
continued its customer-oriented support strategy and is now present in both
Stuttgart and Vienna in order to be able to provide local support to
customers with comprehensive service and certified staff in both Germany and
Austria, where it has the distinction of being the Magento agency.

Media enquiries:
    Andy Berry / Dan Bradley
    pr@moneybookers.com
    +44-20-7839-4321

© PR Newswire Association LLC.

News archive

Subscribe to AfterDawn's weekly newsletter.